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ChinaTravelNews Briefing: ITB China raises insights, Hyatt flagship store debuts on Ctrip
06/01/2018|6:02:57 PM|
ITB China 2018 concluded with high hopes for China’s tourism growth, Ctrip brought in Hyatt flagship store, and more Chinese tourists are heading to Europe destinations and Russia.
Smart suitcase developer ForwardX acquires $10 million in funding
06/01/2018|2:01:11 PM|
ForwardX has created vision-powered luggage case, OVIS, which is able to follow the owner. It can also adjust its speed, using algorithms, to keep pace with the owner.
Hotels need to act fast and prudently to deal with fragmentation in distribution
06/01/2018|7:39:30 AM|
Be it for what needs to be done to optimize association with a new channel/ platform or managing rate disparity and revenue leakage, some foreign hotel companies are cautious in approaching emerging options such as Fliggy, WeChat etc.
Intelligent homestay provider Ostay secures $1.56 million investment
05/31/2018|2:17:49 PM|
Ostay is cooperating with Airbnb, Ctrip, Tujia and local third-party platforms overseas to offer B2B accommodation for Chinese outbound travelers.
Ctrip-founded insurtech platform 11bee obtains hundreds of millions of yuan
05/30/2018|10:29:06 AM|
11bee will add rest and rescue services to accident insurance, and add health management services to health insurance, according to Iyiou.com.
C2B guide-matching platform UGuide secures $1.56 million in funds
05/30/2018|10:24:53 AM|
UGuide is considering to remove tour operators from its operation and serve individual customers directly by acquiring customers through international social media.
Kiwi.com gears up for expansion in China, targets domestic content
05/30/2018|7:45:20 AM|
The virtual interlining specialist plans to provide the best flight or transportation content to its B2B partners in China.
Tourism big-data provider Lishi Technology closes B round of financing
05/29/2018|8:42:31 AM|
Lishi Technology serves governments, attractions, travel companies and OTAs, offering SaaS services, big-data mining & analysis, software & hardware development, and online operation & marketing.
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